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SPH Reit's Q3 DPU higher at 1.36 cents

Its malls continue to show resilience with 100% occupancy, positive rental reversion


SPH Reit, which owns Paragon and The Clementi Mall, reported a 0.7 per cent rise in distribution per unit for the third quarter ended May 31 to 1.36 Singapore cents. The period saw net property income 1.8 per cent higher at S$40 million. Gross revenue rose 1.9 per cent to S$52.2